European stock markets climb at open

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By MG News | October 09, 2020 at 01:48 PM GMT+05:00

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October 09, 2020: European stock markets rose at the start of trading on Friday, extending gains won thanks to hopes of a fresh US stimulus deal being agreed.

London's benchmark FTSE 100 index gained 0.4 percent to 6,001.83 points, even as official data revealed weaker-than-expected UK economic growth in August.

In the eurozone, Frankfurt's DAX 30 index advanced 0.9 percent to 13,042.21 points and the Paris CAC 40 climbed 0.4 percent to 4,931.90.

On the corporate front, pan-European stock market operator Euronext said it has agreed to buy the Milan bourse from the London Stock Exchange for 4.33 billion euros.

AFP/APP

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